BAKU, Azerbaijan, October 20. Azerbaijan and
the U.S. International Development Finance Corporation (DFC)
discussed opportunities for cooperation in establishing data
centers for artificial intelligence (AI), developing digital
infrastructure, and in the fields of transportation and
logistics.
This was announced by Rashad Nabiyev, Azerbaijan’s Minister of
Digital Development and Transport, on his page on the social media
platform X.
“We held a meeting with Caroline Vik, Chief Policy Officer of
the U.S. International Development Finance Corporation (DFC).
During the meeting, we discussed opportunities for cooperation
in establishing data centers for artificial intelligence in
Azerbaijan, developing digital infrastructure, and in the fields of
transportation and logistics.
In addition, we exchanged views on the development of the Middle
Corridor, the strengthening of resilient supply chains, and the
prospects for financing joint investment projects,” the minister’s
post states.
The DFC is the U.S. government’s international investment arm.
The corporation mobilizes private capital to advance U.S. foreign
policy objectives and promote economic development. Its investments
generate high returns for American taxpayers, foster economic
development in U.S. allies and partners, and strengthen supply
chains to counter rivals and secure a competitive advantage. The
corporation supports projects in strategically important economic
sectors, expanding opportunities for international investment
cooperation.
The DFC was established in 2019, during Donald Trump’s first
presidential term, based on many years of broad bipartisan support.
In 2025, the corporation received significantly expanded
authority.